Deposit Accounts

Regular Share Account – Every BFCU Member Starts Here!

The first step to joining the Blackhawk Federal Credit Union is to open a Regular Share Account.

• Minimum balance of $5.00 to be an active member of BFCU
• $.50 fee to open Regular Share Account
• Members can withdraw up to 4 share withdrawals in a calendar quarter; $10.00 fee for additional withdrawals
• Statements will be forwarded quarterly
• Share withdrawals greater than $2,500.00 may require 24 hour notice
• Dividends are compounded and paid quarterly on the last day of the quarter

• Minimum deposit of $5.00
• Maximum deposit annually of $5000.00
• Statements will be forwarded to members quarterly
• All IRA withdrawals require 24 hour notice
• Dividends are compounded and paid quarterly on the last day of the quarter

Christmas Club Account

• Minimum deposit is $5.00
• Christmas Cash Plan may be through payroll deduction, direct deposit, or “over-the-counter” deposits
• Statements will be forwarded to member quarterly
• Member will be paid in October of each calendar year
• No early withdrawals

Share Certificate

• Minimum balance is $1,000.00
• Statements will be forwarded to members quarterly
• Certificate terms are 6, 12, 18, or 24 months

RATES *APY

Regular Share Accounts (x1) …………. 0.10%

IRA Accounts (x8) …………. 0.40%

Share Certicifates** – $1,000.00 +(Cxx)

6 months ……………………………….. 0.40%

12 months ………………………………… 0.55%

18 months ………………………………… 0.60%

24 months ………………………………… 0.85%

* APY assumes the dividend was added to the principal and remained on deposit for the entire year. APY denotes Annual Percentage Yield.